XML 40 R28.htm IDEA: XBRL DOCUMENT v3.26.1
Business Combination (Tables)
 3 Months Ended
Mar. 31, 2026
Business Combination [Abstract]  
Schedule of Preliminary Purchase Price The preliminary purchase price of MTL as of January 9, 2026 consists of the following:
(in thousands)
Amount
Cash paid at closing
$10,000 
Promissory note to seller1,125 
Working capital and other adjustments2,068 
Total consideration transferred
$13,193 
Schedule of Components of Preliminary Purchase Price The components of the preliminary allocation of the purchase price are summarized below:
(in thousands)
Fair Value
Purchase Price$13,193 
Accounts receivable3,095 
Inventory2,500 
Other assets93 
Property, plant & equipment8,786 
Operating lease-right-of-use assets7,507 
Intangible - Trade name620 
Accounts payables and other accrued liabilities(1,066)
Notes payable and long-term debt(5,921)
Operating lease liabilities(7,507)
Total identifiable net assets$8,107 
Goodwill$5,086